White Gold Value At Risk
| WGO Stock | | | CAD 1.48 -0.10 -6.33% |
The Value At Risk signal for White Gold Corp reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners. White Gold has a market cap of 349.87 M, current ratio of 3.92. Use
Your Current Watchlist to explore allocation context. White Gold Corp can be added to a watchlist or portfolio for position tracking. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence White Gold Corp's company valuation — related indicators include
signals in inflation.
White Gold Corp has current Value At Risk of
-7.91. Value At Risk (or VAR) is a statistical technique used to measure the level of financial risk of investment instrument over a specific time frame. It is a widely used measure of the risk of loss on a specific investing instrument.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -7.91 | |
| ER[a] | = | Expected return on investing in White Gold |
| STD | = | Standard Deviation of White Gold |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
White Gold Corp is rated
below average for value at risk across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
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